eBay Consignment Biz Is Booming
It wasn’t that long ago that the consignment business model was considered pretty much dead.
The severity of this recession has caused record unemployment, record home foreclosures and record bankruptcies. This results in people and businesses needing to raise cash or sell off goods and merchandise from bankrupt people and companies.
This is a natural market for consignment sellers. And its happening not just on eBay.
I have been attending an conference of Amazon sellers in Seattle this weekend. Yesterday I spoke with three different sellers who have made money selling goods from companies going out of business.
One of them got his start on Amazon liquidating bookstore inventories on a 50/50 commission basis.
Photo by liewcf.
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